ActiveResidential · sale

849 S Broadway 203

Los Angeles, CA 90014

$549,000

  • 1 beds
  • 1 baths
  • 940 sq ft
  • 0.52 acres
  • Built 1930

Listed by Coldwell Banker Realty · MLS #26841435

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849 S Broadway 203, Los Angeles, CA 90014 · MLS #26841435

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A FEW THINGS TO NOTICE

What stands out.

Details worth a look

The Eastern Columbia features an abundance of fabulous amenities such as a boutique-style rooftop pool, hot tub, gym, garden courtyard, lobby, 24/7 front desk security, bonus community laundry room, dog area, rentable storage and parking options.

Year built

Built in 1930.

Property size

0.52 acres listed.

Highlights from the listing description and property details. Confirm features with the listing agent.

THE PROPERTY

Get to know the property.

This charming live/work loft at the iconic Art Deco Eastern Columbia Building is the perfect melding of historic character and modern city living. This 1 bed, 1 bath east-facing loft overlooks the coveted tree-lined Broadway scape and the Orpheum building through restored vintage iron windows that open to rare Art Deco terracotta planter boxes unique to this floor. The 940sf residence is a retreat from the hustle and bustle of the city while maintaining true live/work loft features such as soaring 11-foot ceilings and polished concrete floors throughout. The open plan layout is perfect for entertaining, with a kitchen that boasts Italian cabinetry, natural stone counters, all stainless steel appliances and kitchen island. Completely separate from the rest of the living area behind a custom removable wall is a bedroom with plenty of room for a workspace. Storage is made easy with a full modular ELFA closet system in the bedroom, and in the Kelly Wearstler designed bathroom is an oversized soaking tub and closet equipped with laundry hookups ready to go. There is central heat and AC, custom window coverings, and HOA dues include water, trash, gas. The loft INCLUDES ONE ASSIGNED GARAGE PARKING SPACE w/ EV CHARGER. Recently awarded multiple preservation awards by the California Preservation Foundation and the LA Conservancy, property owners currently benefit from the Mills Act contract for up to 70% off property taxes annually. The Eastern Columbia features an abundance of fabulous amenities such as a boutique-style rooftop pool, hot tub, gym, garden courtyard, lobby, 24/7 front desk security, bonus community laundry room, dog area, rentable storage and parking options. Located in a prime pocket of DTLA, you're moments from world-class dining, shopping, culture, and transportation, including the Metro D Line for direct access to Beverly Hills, Metro E Line to Santa Monica, and Metro B Line to Hollywood. Within one block is the upcoming Erewhon market, plus 2 blocks to Whole Foods, and numerous dining favorites such as Grand Central Market, Rossoblu, Mona, San Laurel, Redbird, plus the flagship Apple Store, Fashion District, galleries, and cultural destinations including Walt Disney Concert Hall, The Broad, MOCA, The Orpheum Theater, the first Museum of AI Arts, and United Artists Theater.

THE NEIGHBORHOOD

Explore the location.

849 S Broadway 203, Los Angeles, CA 90014

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THE DETAILS

The details, all in one place.

Property type
Residential
Category
Residential
Year built
1930
Full baths
1
Half baths
0
Cooling
CentralAir
Heating
Central
Appliances
Dishwasher,GasCooktop,Disposal,Microwave,Oven,Refrigerator
Pool
No
Pool features
Community,Association
Spa
Yes
Zoning
LAC5
Parcel
5144017059
HOA amenities
ControlledAccess,Gas,Pool,PetRestrictions,Security,Trash,Water
HOA fee frequency
Monthly
HOA fee
$1,355.81

Features and school information are supplied by the listing source. Confirm measurements, school assignments, HOA terms and rental restrictions before making a decision.

OWNERSHIP, WITH A PLAN

Investor outlook.

Explore this property’s rental potential with an all-cash purchase. Monthly rent starts at 5% of the purchase price per year, divided by 12. Adjust it and the other assumptions to explore your scenario.

These are planning assumptions, not a rental appraisal or a loan quote. The starting rent is a price-based estimate; a local leasing professional can help confirm market rent.

Investor outlook assumes an all-cash purchase. No mortgage payment is deducted.

Estimated monthly cash flow · cash purchase
Estimated monthly rent$2,287.50
Cap rate

Annual operating income:

HOA: Includes $1,355.81 per month in HOA dues, converted from the $1,355.81 monthly fee reported by the listing source.

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Purchase price
Rental income & operating costs

Purchase price × 5% ÷ 12. Updates with purchase price until you enter a custom rent.

Annual insurance starts at purchase price × 0.25%, rounded to the nearest available amount. Updates with purchase price until you choose another amount.A planning estimate, not an insurance quote. Adjust it for your property and coverage.

Percentages are editable examples, not ERA fee quotes. Management is applied to rent after vacancy; maintenance and capital reserves use scheduled rent. Add owner-paid utilities, mortgage insurance and other recurring expenses under other costs.

How this scenario is calculated

Annual operating income is rent after vacancy, management, maintenance, taxes, insurance, HOA and other operating costs, before financing and capital reserves. Cap rate divides annual operating income by purchase price. Estimated monthly cash flow assumes an all-cash purchase: rent after vacancy, management, maintenance, taxes, insurance, HOA, other operating costs and capital reserves. No mortgage payment is deducted. The mortgage calculator is separate; loan payments would reduce cash flow for a financed purchase. One-time acquisition costs, renovations, income taxes, depreciation and appreciation are excluded.

Mortgage payment calculator

Explore financing separately. These loan settings do not change the all-cash investor outlook.

Mortgage assumptions

20% down and 7% interest are illustrative starting values.

Estimated monthly principal & interestLoan payment only. Excludes property taxes, homeowners/flood insurance, mortgage insurance and HOA dues.

About this payment estimate

Based on a fixed-rate, fully amortizing loan with monthly payments and the price, down payment, interest rate and term you select. The interest rate is an example, not a current rate offer or APR; APR includes certain loan costs. This is an illustration, not a Loan Estimate, approval, offer of credit or commitment to lend.

Your actual payment, rate and eligibility depend on your lender, credit, loan program and property. Closing costs, points, prepaid expenses and lender fees are not included. Taxes and insurance may change, and mortgage insurance may be required, particularly with a down payment below 20%. Ask your lender for a Loan Estimate and a complete monthly payment including applicable taxes, insurance and fees.

Dollar results are rounded to the nearest cent; calculations retain precision until display. A cash purchase has no loan payment but still has ownership costs. Understand your total home payment (CFPB).

ERA PROPERTY MANAGEMENT

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Considering this property as a rental? Start with the numbers, then talk through the day-to-day with a local management team.

  1. Understand the opportunity.

    Review rental pricing, property condition and your ownership goals with a local professional.

  2. Make a strong first impression.

    Bring together property preparation, professional marketing and applicant screening.

  3. Stay connected to your investment.

    Get support with rent collection, resident communication, maintenance coordination and owner reporting.

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Stone-front home with a landscaped lawn and central entry
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Listing information

MLS #26841435 · California Regional MLS

Listing brokerage: Coldwell Banker Realty
Listing agent: Yuri Huxley

Listing status: Active. Record updated . Confirm current availability and price with the listing agent.

The multiple listing data appearing on this website, or contained in reports produced therefrom, is owned and copyrighted by California Regional Multiple Listing Service, Inc. "CRMLS" and is protected by all applicable Copyright © 2023 laws. Information provided is for viewer's personal, non-commercial use and may not be used for any purpose other than to identify prospective properties the viewer may be interested in purchasing. All listing data, including but not limited to square footage and lot size is believed to be accurate, but the listing Agent, listing Broker and CRMLS and its affiliates do not warrant or guarantee such accuracy. The viewer should independently verify the listed data prior to making any decisions based on such information by personal inspection and/or contacting a real estate professional. Information deemed reliable but not guaranteed. Copyright © 2023 California Regional Multiple Listing Service, Inc. All rights reserved.